Tax Strategies for Charitable Giving

When you pass away, your assets can go three different places: your beneficiaries, a charity you designate, or the government. We all know the two places we want our money to end up, but do you know how to make sure that happens?

Proper planning allows you to ensure that your money helps the people and causes you want it to support. By implementing a wealth replacement strategy, you can give a substantial gift to a charity you care about without compromising the financial security of your family after you’re gone.

Watch this video to learn about the benefits of using a Charitable Remainder Trust or an Irrevocable Life Insurance Trust, and identify some strategies to ensure your assets help the people and causes you care about most.